COMMUNITY REDEVELOPMENT AGENCY BOARD

City of Fort Lauderdale COMMUNITY REDEVELOPMENT AGENCY BOARD Agenda Tuesday, May 21, 2024 - 2:30 PM NSU Art Museum - Horvitz Auditorium 1 E Las Olas Blvd, Fort Lauderdale, FL 33301 https://fortlauderdale.legistar.com/Calendar.aspx www.fortlauderdale.gov/fltv www.youtube.com/cityoffortlauderdale Cable Television - Comcast Channel 78 and AT&T U-verse Channel 99 FORT LAUDERDALE COMMUNITY REDEVELOPMENT AGENCY BOARD OF COMMISSIONERS DEAN J. TRANTALIS - Chair STEVEN GLASSMAN - Vice Chair JOHN C. HERBST - Commissioner - District I PAM BEASLEY-PITTMAN - Commissioner - District III WARREN STURMAN - Commissioner - District IV SUSAN GRANT, Acting Executive Director DAVID R. SOLOMAN, Secretary THOMAS J. ANSBRO, General Counsel PATRICK REILLY, City Auditor COMMUNITY REDEVELOPMENT Agenda May 21, 2024 AGENCY BOARD ***The meeting shall commence at 2:30 PM or as soon thereafter as possible*** PUBLIC APPEARANCES BEFORE THE CRA BOARD: If any person wishes to address the Board, the person shall sign up in the NSU Art Museum - Horvitz Auditorium. A member of the City Clerk’s Office Staff will be there to assist. Speaker Cards are given to the Chair. After being recognized by the Chair, the speaker should approach the podium, identify the agenda item in question, indicate support, opposition, or neutrality on the agenda item, and then proceed to succinctly state the speaker’s position or present information. If an attorney, or any other person appears before the Board in a representative capacity, the attorney, or other representative shall also sign up in the NSU Art Museum - Horvitz Auditorium. A member of the City Clerk’s Office Staff will be there to assist. After being recognized by the Chair, the speaker should approach the podium, identify the client(s) being represented, and identify the agenda item in question. The speaker shall then indicate the client’s support, opposition, or neutrality on the agenda item and then proceed to succinctly state the client’s position or present information on behalf of the client(s). Pursuant to Section 3.13 of the Charter of the City of Fort Lauderdale, Florida, the Mayor (Chair) shall maintain order at all meetings, and the Police Department, upon instructions of the Mayor (Chair), shall expel any person from the meeting who refuses to obey the order of the Mayor in relation to preserving order at the meetings. Any person who interrupts or disturbs a City Commission (Board) meeting, or who willfully enters or remains in a City Commission (Board) meeting having been warned by the Mayor (Chair) to depart and who refuses to do so, may be subject to arrest. AUXILIARY AIDS AND SERVICES: If you desire auxiliary aids or services or both to assist in viewing or hearing the City Commission (Board) meetings or reading the agenda and minutes for the meeting, please contact the City Clerk’s Office at 954-828-5002 at a minimum of two days prior to the meeting and arrangements will be made to provide these services to you. NOTICE TO MEMBERS OF THE PUBLIC: If a person decides to appeal any decision made by the board, agency, or commission with respect to any matter considered at such meeting or hearing, the person will need a record of the proceedings, and that, for such purpose, the person may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. City of Fort Lauderdale Page 2 Printed on 5/15/2024 COMMUNITY REDEVELOPMENT Agenda May 21, 2024 AGENCY BOARD ROLL CALL MOTIONS M-1 24-0527 Motion Approving Minutes for May 7, 2024, Community Redevelopment Agency Board Meeting - (Commission Districts 2 and 3) Attachments: May 7, 2024, Community Redevelopment Agency Board Meeting RESOLUTIONS R-1 24-0373 Resolution of the Fort Lauderdale Community Redevelopment Agency Waiving the Minimum Requirement For Total Project Costs and the Minimum Contribution Requirement under the Development Incentive Program and Approving a $307,663 Forgivable Loan to the Boys and Girls Clubs of Broward County, Inc. and Authorizing the Executive Director to Execute all Related Instruments; Authorizing the Executive Director Take Certain Actions - (Commission District 3) Attachments: CRA Board Memo 24-0373 Exhibit 1 - Location Map Exhibit 2 - Broward County Property Appraiser Information Exhibit 3 - Application for CRA Funding Assistance Exhibit 4 - Project Purpose and Economic Impact Exhibit 5 - Business Plan Exhibit 6 - Project Photos Exhibit 7 - Project Cost and Funding Breakdown Exhibit 8 - March 12, 2024, NPF Advisory Board Meeting Draft Minutes Exhibit 9 - Development Incentive Program Agreement Exhibit 10 - Resolution City of Fort Lauderdale Page 3 Printed on 5/15/2024 COMMUNITY REDEVELOPMENT Agenda May 21, 2024 AGENCY BOARD R-2 24-0430 Resolution Approving a $6,000,000 Development Incentive Program Forgivable Loan to Sirrom Commercial, Inc. for the 1435 Art Xchange Mixed-Use Project Located at 1429-1435 Sistrunk Boulevard, Authorizing a Lease of Commercial Space in the Project to the Fort Lauderdale Community Redevelopment Agency, Authorizing the Executive Director to Execute Any and All Related Instruments, and Delegating Authority to the Executive Director to Take Certain Actions - (Commission District 3) Attachments: CRA Board Memo 24-0430 Exhibit 1 – Location Map Exhibit 2 – Application for Funding Exhibit 3 – Broward County Property Appraiser Information Exhibit 4 – Proposed Unit Plans Exhibit 5 – Standard Unit Features and Amenities Exhibit 6 – Project Illustrations Exhibit 7 – YMCA Letter of Support Exhibit 8 – Project Budget/Sources and Uses/Proforma Exhibit 9 – Letter of Interest for Loan Commitment Exhibit 10 – Development Team Information Exhibit 11 – April 9, 2024, CRA Advisory Board Draft Minutes Exhibit 12 – Development Incentive Program Letter of Intent – 1435 Art Xchange Project Exhibit 13 – Resolution ADJOURNMENT City of Fort Lauderdale Page 4 Printed on 5/15/2024